No-brainer ways to maintain employee loyalty

Written By Gary Spirer Published February 10th, 2010

Do you want to retain you best and hardest working employees? If so, read on to find out how to build employee loyalty.

Step 1. *Make employees feel needed*

Schedule a meeting with each employee, if possible, or have a company-wide meeting for all employees, and convey your appreciation for the value that each employee adds to the firm. Outline the value that each job function has and arrange with the human resource department to provide documentation that demonstrates this gratification. When employees feel they are making a contribution, their morale soars and they remain loyal to the company.

Step 2. *Increase trust among employees*

Explain to each employee in detail about the revenue and costs the company has, not just that there is no money for raises and bonuses. When employees see what is really going on and once each employee understands the financial strains then he or she will accept the decisions of managers and gain a sense of trust.

Step 3. *Find out what employees want*

Ask employees directly what non-financial rewards they would like in exchange for bonuses and raises. Find out what makes your employees tick. By doing so, you can implement effective motivational programs create a sense of wanting to remain at the company.

Step 4. *Involve employees in decision-making*

Include your employees in all decision-making processes at the company. By involving your employees, you immediately motivate them by making them feel part of the company. Let your employees brainstorm ideas with upper management and offer suggestions on how to improve product lines and reach untargeted markets. By including everyone, the financial health of the company will improve.

That’s it! By following these simple steps you can develop a sense of loyalty in your employees. Remember, employee sentiments go a long way. Be sure to treat them well.

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